For years, Wolfe Research maintained a long-standing avoidance strategy on Palantir (PLTR), keeping a bearish “Underperform” rating on the stock due to concerns over its steep valuation multiples. On Tuesday,…
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Moderna (MRNA) has been struggling to shake one label for years: Covid winner. That label helped to make the company famous, but it also became a problem for the stock…
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Strategy’s STRC preferred stock has fallen to a record low near $89, putting fresh pressure on one of the company’s most important funding vehicles for Bitcoin accumulation. The decline pushed…
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CME Group plans to sue the Commodity Futures Trading Commission over its approval of perpetual futures in the United States, escalating a fight over whether crypto-style derivatives should be allowed…
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Binance founder Changpeng Zhao said countries should tokenize their stock markets and issue their own stablecoins, arguing that governments can use blockchain infrastructure to expand access to local assets and…
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SoFi stock is going through a rough patch that has seen its valuation drop from nearly $40 billion in November last year to $22.7 billion today. It has slipped by…
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Circle Internet Group stock price has pulled back in the past few days, moving from a high of $138.5 in May to the current $79.72. This CRCL pullback may continue…
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Business
Dow opens 50 points higher as investors await Fed decision, chip stocks rise
by adminby adminUS stocks opened slightly higher on Wednesday as investors awaited the Federal Reserve’s latest monetary policy decision and monitored developments in the Middle East that continued to influence oil prices…